The Worthington advance. [volume] (Worthington, Minn.) 1874-1908, 1887-03-24

AN ACT to restrict the ownership of real estate
in the State of Minnesota to American citizens
tenrious to become snch and ~o-forth, and to
limit the quantity of land which corporations
may acquire hold or own.
Be it enacted by the Legislature of the State of
Minnesota:
SECTION l. That it shall be unlawful for anv
person or persons. not citizens Of the United
States or who have not lawfully declared their
intentions to become such ctUlzcn', or for any
corporations. not created by OF under the laws
of the United States Or OF some state or terri
tory OF the United States to hereafter acquire,
hold or own real estate so hereafter acquired or
any interest therein in this state except such as
may be acquired by devise or Inheritance or in
good faith in the ordinary course OF justice III
the collection of debts hereafter created.
Provided, That the prohibition of this section
shall not apply IN such cases as the right to hold
lands in the United States Is secured by existing
treaties to the citizens or subjects OF foreign
countries, which rights shall continue to exist
SO long such treaties are in force.
Provided further. That the provision Of this
section shall not apply to actual settlers upon
farms of not more than 1GO acres Of land who
may settle thereon at any time before January
Provided further. That none of the provisions
OF this act snail he construed to apply to lands
process OF law in the collection OF debts or the
foreclosure of IDOrtgaXes.
SEC. =. That no corporation or association,
more than twenty per centum of the stock OF
which is or may be owned by any person or per-
sons, corporation or corporations, association or
associations, not citizens of the United States,
shall hereafter acquire shall hold or own any
real estate hereafter acquired in this STATE
SEC. 3. That no corporation Other than those
organized for the construction or operation of
hold or own over five thousand acres of land so
hereafter acquired IN this state and no abroad.
canal or turnpike corporation shall hereafter &C
quire hold or own lands so hereafter acquired
in this state other than as may be necessary for
the proper operation OF its railroad, canal or
turnpike, except such lands as may have been
granted to IL by act OF congress or OF the legls-
lature of this state.
SEC. 4. That all property acquired, held or
owned in violation OF the provisions Of this act
shall be forfeited TO this state, and it shall be
the duty OF the attorney general OF the state to
enforce every such forfeiture by due process OF
law.
force from and after the first day Of July. A. D.
1887.
Approved March I'd, 1887.
IS.
AN ACT to amend section three (3) Of chapter
sixty-tive 1851 of the General Laws OF Ono
thousand eight hundred and seventy nine
uS79, relatin. to cha:tel mortgages.
Be it enacted by the Legislature Of the State OF
Minnesota:
SECTION l. That section three 81 of chapter
siXty-tive go OF the General Laws of One thou
sand eight hundred and seventy-rine uS79) be
and the same is hereby amended so as to read as
follows:
SEC ). Every chattel mortgage shall cease to
be valid as against the creditors OF the person
making the same, subsequent purchasers. OF
mortgages in good faith after the expiration Of
two (2) years from the time the same becomes
due, unless before the expiration OF the two (2)
years the mortga.ec, his agent or attorney shall
make and file as aforesaid Al affidavit setting
forth the interest which the MORTGAGE has by vir
tue Of such mortgage, in the property mentioned
therein, which affidavit he shall annex to the
instrument or copy on file. and shall endorse on
SEC. .. This act shall take effect and be in
force from and after its passage.
Approved March 7th, 1887.
76
AN ACT to validate and confirm deeds and
| mortgages made by any married woman by
her attorney where her husband has not Joined
in the power Of attorney under which the deco
is executed
Be it enacted by the Legislature Of the State Of
SECTION l. When any married woman has
heretofore executed any power OF attorney l II
or mortgage has been executed under or in pur'
suance OF such power of attorney. any and every
such deed or mortgage shall I've taken, held anC
considered to be valid. legal and binding to al
intents and purposes as il the husband or sucf
| married woman had joined in the execution Of
Provided. That no conveyance or mortgage
made under such power of attorney shall be held
to be hereby validated or confirmed unless the
conveyance or MORTGAGE.
| SEC: 2. This act shall take effect and be il
force from and after Its passage.
Approved March 9Th, 1887.
~.
| AN ACT to amend section 2 Of chapter 46, Gen
| eral Statutes 1873. as amended by the pro.
| visions of chapter So of the General Laws OF
| 1883, relating to the right of surviving hus.
band OF wife in the homestead.
| Be 1t enacted by the Legislature Of tho State o.
| Minnesota:
SECTION 1. That section of chapter 46
] General Statutes 1873. IS amended by the pro.
| visions Of chapter SO Of the General Laws o.
| 1883, be and the same is hereby amended By
| adding after the words "or other disposition